Twin Disc has announced that it will release its fiscal 2019 first-quarter financial results before the market opens on Monday, October 29, 2018. In conjunction with the earnings release, Twin Disc will be hosting a conference call to discuss these results and to answer questions at 11:00 a.m. Eastern Time on Monday, October 29, 2018. […]
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Twin Disc announces Proposed follow-on public offering of common stock
Twin Disc, Incorporated (Nasdaq: TWIN), a global leader in power transmission technology for marine and land-based applications, today announced that it has commenced an underwritten public offering of $30,000,000 of shares of its common stock. All of the shares are being offered by Twin Disc. In addition, Twin Disc intends to grant the underwriters a […]
Twin Disc unveils heritage gallery for 100th anniversary
Twin Disc, Inc., a global player in power transmission technology for marine and land-based applications, unveiled the Twin Disc Heritage Gallery on Aug. 2, at the company’s Racine headquarters, in celebration of its 100th anniversary. The gallery, which takes up roughly 4,000 square feet of the first floor of the Twin Disc corporate headquarters, provides […]
Twin Disc, Inc. announces fiscal 2018 fourth-quarter earnings
Twin Disc, Inc. (NASDAQ:TWIN), today announced that it will release its fiscal 2018 fourth-quarter financial results before the market opens on Monday, August 6, 2018. In conjunction with the earnings release, Twin Disc will be hosting a conference call to discuss these results and to answer questions at 11:00 a.m. Eastern Time on Monday, August […]
Twin Disc announces closing of Veth Propulsion acquisition
Twin Disc, Inc. announced today that it has completed the €52.1 million (approximately $60.8 million), acquisition of Veth Propulsion Holding, B.V. and its wholly-owned subsidiaries (“Veth Propulsion”), a global supplier of main and auxiliary marine propulsion products. The closing price included net cash and working capital adjustments. The acquisition of Veth Propulsion establishes Twin Disc […]
Twin Disc, Inc. announces agreement to acquire Veth Propulsion
Twin Disc, Inc., has announced that it has entered into a definitive agreement to acquire Veth Propulsion Holding, B.V. and its wholly-owned subsidiaries (“Veth Propulsion”), a global supplier of main and auxiliary marine propulsion products. The purchase price is approximately $58.6 million (€49.7 million) plus net cash, with potential adjustments based on Veth Propulsion’s working […]
Twin Disc celebrates 100 years
Twin Disc, Inc., a global leader in power transmission technology for marine and land-based applications, announced today it will celebrate its 100th anniversary throughout the year. Twin Disc started in Racine, Wisconsin, in 1918 with the introduction of the twin disc farm tractor clutch, and has grown with America while helping America grow. From enhancing […]